DSCR up to 8 units in Stevenson, AL

DSCR loan in Stevenson, AL is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Stevenson, AL, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Stevenson, AL

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Stevenson, AL can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Stevenson, AL real estate investors have you covered.

Investment Opportunities in Stevenson, AL

DSCR Loan Benefits in Stevenson, Alabama

A Debt Service Coverage Ratio (DSCR) loan in Stevenson, Alabama offers several key benefits. Firstly, DSCR loans provide favorable interest rates to borrowers, helping them secure financing with lower monthly payments. Secondly, these loans often have more flexible repayment terms, allowing borrowers more options in structuring their payments over time. Lastly, DSCR loans can be easier to qualify for compared to traditional loans, making them an ideal choice for businesses and individuals looking for financial assistance.

Stevenson, Alabama, boasts a diverse population with a mix of young professionals and families. The median age in Stevenson is 37 years old, with a relatively equal distribution between males and females. The city has a growing economy with opportunities in various sectors, making it an attractive place to live and work.

In terms of the housing market, Stevenson offers a range of options for buyers. The real estate market is currently stable, with a mix of single-family homes, townhouses, and apartments available. Home prices in Stevenson are affordable compared to nearby cities, making it an appealing location for first-time buyers and investors alike.

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